EMERIA CORPORATION

What EMERIA CORPORATION does

Emeria (formerly Foncia Group, rebranded January 2022) is a leading European real estate services provider headquartered in Courbevoie, France. Through its flagship Foncia brand, the group operates 600+ agencies in France and 200+ international agencies across 7 European countries (France, UK, Germany, Belgium, Switzerland, Luxembourg, Netherlands), serving more than 3 million clients daily across the residential (B2C) and commercial (B2B) property lifecycles. The portfolio includes Esset Property Management (B2B, 5 million m² commercial and 12,000 residential units), Esset Valorisation (institutional valuation and brokerage), Tech-Way (technical maintenance), Leemo (new-property marketplace, 40% Primonial stake), HumaKey (premium property management), Assurimo (insurance, currently being divested to Odealim), Foncia immo neuf, Foncia Habitat Social, Primaliance, and regional brands including Bautra (Germany) and DBS Immobilier with Domicim and Brolliet in Switzerland. The group manages 70,000 buildings under co-ownership and 400,000 rental properties, and handles 13,000+ real estate transactions annually.

The underlying platform combines human advisors with structured data tools: the CityScan géodécision engine evaluates 120 location criteria (transport, environment, digital quality, pollution, neighborhood) sourced from ministries, INSEE, ARCEP, ANFR and the European Space Agency; BIMData.io (equity-backed partnership) provides BIM digital twin technology; Solen delivers luminosity certification; Homebyme (Dassault Systèmes) powers 3D floor plans; Yousign delivers qualified electronic signatures; Fuze enables remote co-ownership general assemblies; Edenred powers identified bank transfers for rent and condo fee collection; and the Observatoire de la Vie Quotidienne produces proprietary housing market research. AI is used for predictive analytics, recommendation and process automation across these workflows.

The business model blends recurring and transactional streams: subscription/recurring revenue from syndic co-ownership management (70,000 buildings), rental management (400,000 properties) and Guaranteed Rent Insurance (GLI) at 3% of rent, with 65% of Foncia rental clients enrolled; transaction fees from 13,000+ annual property sales; marketplace intermediation via Leemo (2,000+ new-build programs); and professional services fees from Tech-Way maintenance and Esset B2B mandates. The group is privately held, controlled by Partners Group with co-investment from CDPQ (Caisse de dépôt et placement du Québec) since 2017, and reports €1.5 billion in revenue for 2025 with 15,000+ employees. Leadership was refreshed in 2025-2026 with Bruno Vaquette as CEO (June 2025) and Laurent Carozzi as Group CFO (January 2026).

Name

EMERIA CORPORATION

Legal name

Emeria SASU

Website

https://emeriagroup.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Emeria is a leading European real estate services platform operating the Foncia network of 600+ French and 200+ international agencies, providing syndic, rental, transaction, valuation and maintenance services across residential and commercial markets in 7 countries.

Ownership category

akta.pro rank

Product category

Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (53121)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Commercial/Office Owners Association Management (BPAJAHAG)

akta.pro secondary industries

Closing Coordination & Transaction Management (Broker/Agent Support) (BPAJAOAH), Luxury Vacation Rental Management (BPAJAIAD)

Keywords

• Property management services
• Residential real estate services
• Commercial real estate management
• Rental management services
• Real estate transaction services

Headquarters

HQ city

Courbevoie

HQ country

France

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property Management and Syndic Services: Core residential property management services including syndicate of co-ownership (copropriété) management. Manages 70,000 buildings in co-ownership management and 400,000 rental properties in France.
2. Real Estate Transaction (Sales/Purchases): Property transaction services including property sales facilitation. Realized more than 13,000 transactions annually.
3. Rental Management Services: Property rental management including tenant placement, lease management, and rental guarantees. Manages 400,000 rental properties with 60,000 new leases per year.
4. Guaranteed Rent Insurance (GLI): Guarantee against unpaid rents service priced at 3% TTC of rent, covering rent, charges, taxes, legal fees and property deterioration indefinitely from day 1 of non-payment.
5. Tech-Way Technical Maintenance Services: Technical habitat maintenance services including plumbing, fire protection, pest control, and air hygiene through subsidiary Tech-Way.
6. Digital Payment Solutions: Digital rent and service charge collection through identified bank transfer using individual IBAN, powered by partnership with Edenred.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Emeria (formerly Foncia Group) is a European leader in technology-enabled real estate services, providing residential and commercial property management, rental management, real estate transactions (sales and purchases), co-ownership (syndic) management, technical home maintenance, energy renovation brokerage, property insurance, and valuation services. The group operates through 600+ agencies in France and 200+ internationally across 7 European countries, managing 70,000 buildings in co-ownership, 400,000 rental properties, and conducting more than 13,000 transactions annually. Service delivery is supported by proprietary digital platforms including the CityScan geodecision tool, BIM digital twin management, qualified electronic signature, AI-powered property estimation, and the Observatoire de la Vie Quotidienne research platform.

Product overview

Emeria Corporation operates as a multi-brand platform providing comprehensive real estate services across residential (B2C) and commercial (B2B) markets in 7 European countries. The portfolio architecture combines core brands (Foncia with 600+ agencies) with specialized B2B subsidiaries (Esset Property Management, Esset Valorisation) and technology services (Tech-Way). Foncia Transaction handles sales while Foncia immo neuf serves new property developers. The platform leverages AI, big data (CityScan 120-criteria geodécision), and digital tools including BIM, 360° virtual tours, electronic signatures, and online estimation. The group also includes social housing (Foncia Habitat Social), insurance products (Assurimo), and acquired brands (Leemo, HumaKey). With €1.5bn revenue in 2025 and 15,000+ employees, it delivers integrated property services from transaction and rental to condo management and technical maintenance.

Differentiator

Problem solved

Functional benefit

Brands

• Esset Property Management: Property management for commercial and residential real estate, formerly Foncia Institutional Property Management (FIPM). Manages 5 million m² in commercial real estate and 12,000 residential units.
• Tech-Way
• Primaliance
• Foncia Transaction
• Esset Valorisation
• Domicim
• Brolliet
• HumaKey
• Assurimo

Products and services

• Foncia Residential Real Estate Services Primary residential real estate services brand operating through 600+ integrated agencies in France. Services include co-ownership (syndic) management, rental management, property rental, transactions (sales/purchases), vacation rentals, property estimation, insurance, technical diagnostics, energy consulting, and insurance brokerage. Manages 70,000 co-ownership buildings and 400,000 rental properties for individual homeowners, co-owners, landlords, and tenants in France.
• Esset Property Management B2B property management brand formerly known as Foncia Institutional Property Management (FIPM), rebranded December 2019. Manages commercial real estate (offices, complex buildings, IGH towers, logistics, retail) and residential property for institutional investors, asset managers, insurance companies, and mutual funds. Manages 5 million m² in commercial real estate and 12,000 residential units, with headquarters at La Défense CB16.
• Esset Valorisation B2B subsidiary specializing in property valuation, marketing, and disposal for institutional investors and private owners. Over 20 years of expertise in residential, mixed-use, and tertiary operations. Expanded in 2026 into mid-cap commercial brokerage for complex strategic operations.
• HumaKey Premium Property Management Premium property management brand under Esset Property Management, acquired July 2021. Focus on high-end property management services for institutional clients.
• Tech-Way Technical Home Maintenance Technical home maintenance subsidiary launched January 2020. Polyvalent technician teams via connected platform handle multi-repair single visits. Services include fire protection, pest control, air hygiene, plumbing, and general maintenance. Headquarters serving Île-de-France, Rhône, and Alsace regions.
• Foncia Transaction Services Property sales and acquisition services through integrated agency network, including interactive property sales via Squarimo partnership. Conducts over 13,000 annual transactions. Services include 3D floor plans, virtual tours, luminosity certificates, professional photography, and electronic signatures for buyers and sellers.
• Leemo New Property Marketplace Marketplace platform for new residential property sales, acquired December 2017. Leader in new property program referencing with over 2,000 programs. Part of Foncia investor pole including Foncia Croissance, Foncia Valorisation, iPlus, and Primaliance. 40% stake held by Primonial Group.
• Guaranteed Rent Insurance (GLI) Subscription insurance product guaranteeing against unpaid rents for landlords. Priced at 3% TTC of rent, covers rent, charges, taxes, legal fees and property deterioration indefinitely from day 1 of non-payment. No ceiling on rent amount, no claim declaration required. 65% of Foncia rental clients choose this product.
• SecurKeys Key Assistance Subscription Key assistance service providing secure key custody and retrieval for tenants. Subscription at €29.90 first year, then €34.90/year. 150 secure custody centers approved by Ministry of Interior plus 17,000 post office network for key repatriation in 1-3 hours.
• Foncia immo neuf New Property Development Services New property division (formerly Foncia Croissance) accompanying developers in new program realization. Studies new construction projects, defines occupancy guarantees, and provides tailored management. Studied and guaranteed creation of 500,000 new properties over 20+ years.
• Foncia Habitat Social Housing Services Social housing brand unveiled at HLM congress. Partner for social housing and community living, providing property management services for the social housing sector.
• Assurimo Property Insurance Insurance product for property owners, offered through Assurimo subsidiary. As of August 2025, Emeria entered exclusive negotiations with Odealim for sale of Assurimo.
• Digital Payment Solutions for Rent and Service Charges Digital rent and service charge collection through identified bank transfer using individual IBAN, powered by partnership with Edenred Corporate Payment. Simplifies co-ownership fund collection and rental payment management.

Quantifiable outcome

• 70,000 buildings managed in co-ownership
• +4 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability10 records

Feature5 records

Partnerships

15 partnerships are on record, tiered core, minor and flagship.

• SquarimocoreStrategic or Co-development Partner · 28 April 2025Strategic partnership for interactive real estate sales through Squarimo's interactive sales platform. Foncia Transaction leverages technology for faster and better property sales. Enhances digital customer experience in transaction services.
• VoltaliscoreStrategic or Co-development Partner · 16 May 2024Partnership for energy sobriety combining Foncia's #1 position in co-ownership management with Voltalis' European leadership in electrical flexibility. Addresses energy renovation and efficiency in co-owned buildings.
• AmperuscoreStrategic or Co-development Partner · 24 April 2024Partnership to facilitate electric vehicle charging in co-owned buildings. Addresses e-mobility transition challenges for apartment buildings through Amperus charging solutions integrated into Foncia-managed properties.
• MitipiminorGTM or Marketing Partner · 8 March 2024Partnership integrating Mitipi KEVIN anti-intrusion device into Foncia's marketplace. Enhances home security services for residential clients through innovative technology.
• IGS GroupcoreStrategic or Co-development Partner · 5 March 2024Recruitment partnership to strengthen hiring policy and promote inclusive education. Supports diversity and inclusion initiatives in employment practices.
• Arkéa FlexcoreStrategic or Co-development Partner · 7 February 2024Partnership for flexible housing solutions, inaugurated first adaptive housing project in Tours. Addresses evolving lifestyle needs allowing residents to change housing without changing address.
• Sport MarketcoreGTM or Marketing Partner · 18 November 2019Sports marketing agency partnership for Racing 92 sponsorship campaign #àDOMICILE. Created campaign connecting rugby fans and Foncia's residential services brand positioning.
• SecurkeyscoreTechnology or Integration · 15 October 2019Key assistance partnership providing secure key guardianship and retrieval service. 150 secure custody centers approved by Ministry of Interior plus 17,000 post office network for key repatriation in 1-3 hours.
• FuzecoreTechnology or Integration · 22 September 2019Cloud communications partnership enabling first online co-ownership general assemblies (AG) in France. Provides video/audio conferencing for remote participation in property meetings. 'AG 3.0: Anywhere, Anytime, Any device' solution.
• CityScancoreTechnology or Integration · 9 April 2019Geodécision data platform partnership providing 120 property location criteria including sustainable development access, digital quality, leisure access, transport, environmental pollution, noise, and neighborhood analysis.
• BIMData.iocoreTechnology or Integration · 27 March 2018Technology partnership with Lyon-based startup for Building Information Modeling (BIM) digital twin management. Enables digital management of building characteristics throughout building lifecycle. Includes equity participation in startup.
• SolencoreTechnology or Integration · 8 March 2018Luminosity certification technology partnership. Solen provides innovative technology calculating precise sunlight exposure and natural brightness using glazed surface measurements, orientation, and expert photos. Simulates luminosity for all 12 months of year.
• EdenredcoreTechnology or Integration · 15 February 2018Digital payment solution partnership using Edenred Corporate Payment for identified bank transfers (virement identifié). Individual IBAN per customer for automated rent and service charge collection. Simplifies co-ownership fund collection and rental payment management.
• YousigncoreTechnology or Integration · 13 February 2018Qualified electronic signature solution provider integrated by Modelo doc. Guarantees document integrity and signatory authenticity for mandates and sale agreements under French decree of September 28, 2017.
• Racing 92flagshipGTM or Marketing Partner · 1 January 2015Major sports partnership since 2015, renewed for 3 seasons. Jersey sponsorship on player shorts for TOP14 and Champions Cup matches. Includes #àDOMICILE campaign connecting neighbors through rugby passion. Mécénat for 3 rugby schools in 92 region serving 500+ youth. Activation includes digital campaigns, stadium experiences, and community programs.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Orpi: France's leading real estate agency network, with comparable franchise-based multi-local distribution model. Competes with Foncia primarily in residential transactions, rental, and management services across France.
• Citya Immobilier: Major French residential property management network directly competing with Foncia in co-ownership (syndic) and rental management. Like Emeria/Foncia, Citya operates a multi-agency platform across France with comparable B2C service offerings in property management, transactions, and rental.
• Laforêt: Major French residential real estate network operating through franchise agencies. Comparable to Foncia in residential transactions, rental management, and traditional agency-based distribution.
• Nexity: France's largest integrated real estate group covering development, property management, and services. Directly comparable to Emeria on residential property management, with a broader upstream developer role but similar B2B and B2C service mix.

Emerging players

• Matera: Digital-first French property management platform focused on co-ownership management. Direct competitor to Foncia in French syndic services, representing the technology-led disruption of traditional agency-based property management.

Broad incumbents

• BNP Paribas Real Estate: European real estate services arm of BNP Paribas providing property management, transaction, and investment services. Directly comparable to Esset Property Management's institutional B2B offering across European markets.
• JLL (Jones Lang LaSalle): Global real estate services and investment management firm with significant European operations. Comparable to Esset Property Management on institutional asset and property management services for commercial real estate.
• CBRE Group: World's largest commercial real estate services firm with European property management capabilities. Comparable to Emeria/Esset on commercial property management, transaction services, and institutional investor relationships, though with global rather than European focus.
• Savills: Global real estate services firm with strong European residential and commercial property management presence. Comparable to Emeria on cross-border real estate services, though more weighted to commercial and advisory offerings.

Regional players

• Engel & Völkers: European-focused real estate franchise specializing in premium and luxury residential brokerage. Comparable to Foncia Transaction on cross-border residential real estate sales, particularly in Germany, Switzerland, and other Continental European markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/emeria-group

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EMERIA CORPORATION